Crypto firm KuCoin becomes 1st CEX to rollout ETH Merge-related events

Crypto firm KuCoin becomes 1st CEX to rollout ETH Merge-related events
KuCoin, the Seychelles-based cryptocurrency platform, has reportedly launched a series of ETH Merge-related events, enabling its customers to easily learn more about Ethereum's substantial updates and discover prospective investment opportunities. With this milestone, KuCoin has established itself as the first-ever CEX to introduce Ethereum Merge-based Events designed to promote the growth of the Ethereum network. The existing campaigns

Ticketmaster to let organizers mint NFTs leveraging Flow Blockchain

Ticketmaster to let organizers mint NFTs leveraging Flow Blockchain
American ticket sales and distribution company Ticketmaster has reportedly announced a partnership with Flow blockchain, backed by Dapper Labs, intending to distribute NFTs (non-fungible tokens) to fans for events and offer blockchain-based experiences to customers. The company stated that from now on, its events management team would be able to offer more loyalty rewards experiences with blockchain technology by delivering NFTs before the beg

UAE’s Virtuzone to accept crypto payments through Binance Pay

UAE’s Virtuzone to accept crypto payments through Binance Pay
Binance, the top blockchain platform and infrastructure provider for cryptocurrencies in the world, has teamed up with Virtuzone, a leading corporate service provider in the UAE, to accept cryptocurrency payments through Binance Pay. Virtuzone, a pioneer in the early adoption of cryptocurrencies, aims to remove barriers to entrepreneurship by allowing cryptocurrency payments for company setup, while also expanding the opportunity for foreign f

Thirdweb secured $24M in funding with $160M valuation from Katie Huan

Thirdweb secured $24M in funding with $160M valuation from Katie Huan
Thirdweb, a Web3 app development platform, has reportedly secured a $24 million investment in its Series A round, which valued the company at $160 million. The funding round was led by the investment firm Haun Ventures, founded this year by Katie Haun, the former Andreessen Horowitz partner. As per reports, developers that wish to design and securely deploy apps to blockchains and subsequently monitor the associated analytics can use Thirdw

WazirX co-founder to raise $20M for new blockchain venture ‘Shardeum’

WazirX co-founder to raise $20M for new blockchain venture ‘Shardeum’
Nischal Shetty, Co-founder of Bitcoin & Cryptocurrency Exchange WazirX, is reportedly raising $17-$20 million for his new blockchain-based venture called ‘Shardeum’. As per credible sources, this new funding will bring the valuation of Shardeum to around $200 million. The venture will be built by Mr. Shetty in collaboration with Mr. Omar Syed, its US-based Co-founder and a Blockchain architect. While commenting on the develo

DTCC unveils private blockchain platform to settle trades quickly

DTCC unveils private blockchain platform to settle trades quickly
US-based post-trade financial services firm, DTCC (The Depository Trust & Clearing Corp.) has recently unveiled a private blockchain project - Project Ion, intended to settle trades without any delays for clients. The DTCC serves as the counterparty for most trades in the U.S. and embraces the end-to-end public securities market. Project Ion was initially rolled out as a pilot program in 2020 and, in September, was shifted into a develo

Aid for Ukraine pours $54M for the purchase of scopes, vests, and UAVs

Aid for Ukraine pours $54M for the purchase of scopes, vests, and UAVs
The crypto community has reportedly injected $54 million worth of crypto funds through Aid For Ukraine, an initiative by the Ukrainian government for supporting its military efforts against Russia. Thanking the crypto community for their support, Mykhailo Fedorov, Ukraine’s Deputy Prime Minister, tweeted that the $54 million has been funneled in through Aid For Ukraine. As per the Ministry of Digital Transformation of Ukraine, th

European Central Bank lays framework to regulate crypto licensing

European Central Bank lays framework to regulate crypto licensing
The European Central Bank (ECB) has reportedly laid out the necessary steps to harmonize the regulation and licensing requirements of crypto in Europe as pan-EU licensing rules are set to come into effect next year. In its statement, the central bank has specifically addressed guidance over licensing digital assets and confirmed that it would be considering the business models of crypto companies, along with their internal governance and asses

CENNZnet to offer improved fan experience at Australian Grand Prix

CENNZnet to offer improved fan experience at Australian Grand Prix
CENNZnet, New Zealand's biggest public blockchain and autonomous applications platform, has reportedly been hired by Power'd Digital to implement the Formula 1 Heineken Australia Grand Prix's 2022 AusGP Access program. According to sources, this would be the first use of the CENNZnet platform, and more particularly, the NFT runtime module, in a live event experience setting. Power'd choose the CENNZnet platform to offer